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Guangzhou General Survey

To build Guangzhou into an international metropolis is an inevitable outcome of the new domestic and international economic and social development pattern. Domestically: On one hand, the open policy has been widely carried out throughout the nation, and other places may enjoy the same preferential policies as Guangzhou dots. Therefore Guangzhou needs to find new advantages; on the other hand, with the successful take-off of the Zhujiang (Pearl ) River Delta, the transition from traditional agricultural society to modern industrial society has been achieved. A total of over 400 cities have formed the nation's most economically developed and prosperous belt of cities, pressing for the appearance of a leading city. Therefore Guangzhou is faced with real challenges and favorable opportunities. Internationally: The world economic development is showing a tendency towards internationalization and regional intergration. No country's or region's development can separate from the world economic development; In the coming 21st century, the Asian-Pacific region is likely to become one of the areas where economy grows fastest in the world. The new domestic and interntional economic development pattern sends a real challenge to Guangzhou's development. Guangzhou's choice of becoming an international metropolis not only conforms to the tide of the change of pattern but also meets the objective requirements of overall economic and social development, meets the needs of further deepening reform and opening, and meets the requirements of Guangzhou's historical and actual development. This choice will have profound and important strategic significance in Guangzhou's development. It will help Guangzhou win the initiative in economic competition, participate effectively in the international cooperation with an appropriate division of labour, and form a directional opening pattern of letting Guangzhou marching toward the world and other parts of the world going to Guangzhou. In addition, it can help Guangzhou to recreate advantages and achieve unconventional development, and helps it to take a leading role in economic development of the Zhujiang River Delta as well as the whole nation.

To be built into a modern interntional metropolis, Guangzhou enjoys very important inherent development conditions.

Over the past 17 years since the initiation of reform and opening up, Guangzhou has laid a solid material foundation, with an increasingly strong overall economic strength. From 1980 to 1993, Guangzhou's GDP increased by an average of 13.98% annually, and its financial revenue increased by an average of 16.4 % annually. In 1980, Guangzhou's GDP amounted to 5.8 billion yuan which was 63.8% and 42.9% that of Beijing and Shanghai respectively. Up to 1990, Guangzhou's GDP reached 31 .96 billion yuan which was 63.8% and 42.9% that of Beijing and Shanghai respectively. In recent years, Guangzhou's economic strength is growing steadily, ranking third in the nation. The steady and fast growth in economy has increased Guangzhou's development force and has enhanced its regional position, thus making it one of the nation's major cities with strongest force for opeing up. During the past 17 years, since the commencement of reform and opening up, Guangzhou's development speed was 12.2%. Guangzhou has decided on a thirteen percent development rate for the next 10 years odd. Therefore the fulfilment of the target of building it into an international metropolis is realistic and hopeful.
Guangzhou has already become the centre of commerce, finance, communication, culture, science and technology in South China. With numerous commercial networks, complete ranges of trades and smooth circulation channels, Guangzhou has quick access to information and strong power of radiation. A pattern of big market, big circulation and big commerce has taken shape.The number of people owning commercial and catering and service enterprises within every 1000 and the total number of people working in commercial service sector ranks first among the ten major cities in the nation, close to the figure of such metropo-litan cities as Hongkong and Singapore. Guangzhou's financial sector is developing fast. In Guangzhou, there are more than 2000 financial organizations, and on average every 3000 people have one, with a density close to that of Hongkong. Foreign banks came here to open offices one after another. A relatively complete range of financial system has already formed. Guangzhou has become the central city in South China, which has greatest financing ability. In recent years, Guangzhou has gradually increased its investment in communication, transportation and telecommunication, having established a widely extending and well connected comprehensive communication network. In telecommunication, its local telephones are all computer-controlled, and netting between the telephone lines in the counties under the city and those in the city proper has been realized. The nation's largest full automatic paging system has been established in Guangzhou. IDD can be made to more than 240 countries and regions. International express mail can be delivered to over 170 countries and regions. The investment in science and technologies has been on the increase. For the time being, there are more than 400 state-run scientific and research institutions employing over 300,ooo scientific research people of various specialities, accounting for 60% of the total in the province. In addition, there are also many research institutions run by the local people. International scientific and technological cooperation and exchange has been further strengthened. Its cultural undertakings have also boasted a sound foundation.
With Hongkong and Macao in its vicinity, Guangzhou boasts a mountain ( Baiyun Mountain ) and a river ( Pearl River ), enjoying favorable climatic and geographical conditions. In today's world, there are two main trends -- peace and development, which create a favorable external environment for the Asian-Pacific region to achieve a steady and fast economic development. With the recovery of Hongkong and Macao, Guangzhou's radiating effect in the Asian-Pacific region will become increasingly great. Meanwhile, it will surely accelerate Guangzhou's pace of becoming an international metropolis.

On such a solid foundation, Guangzhou, directed by its centurial dream, will march successfully toward glory!

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